~ Wood components supplier to add 25 jobs invest $8.67 million, add 25k SF facility ~
The Newaygo County Economic Development Partnership (NCEDP), powered by The Right Place, Inc., in collaboration with the Michigan Economic Development Corporation (MEDC), announced that wood components supplier G-M Wood Products (GMWP) will be expanding its facility at 531 Clay Street in Newaygo. The company plans to add 25 new jobs and $8,675,000 million in capital investment.
The company, founded in 1987 as a manufacturer of small components around door handles, now manufactures patented door frame components and wood door frames in many sizes. The company currently has 139 employees in Michigan.
GMWP is experiencing significant growth and plans to construct a 25,000-square-foot facility adjacent to its existing operations in Newaygo. This will allow the company to bring some manufacturing processes currently being done out of state and overseas in-house, allowing for better product control, decreased production times, and reduced production costs.
“G-M Wood Products, being an industry leader in manufacturing millwork and entry door components with facilities in Michigan as well as Georgia, is excited to continue growing our Newaygo, Michigan campus,” said G-M Wood Products Vice President Kevin Karrip. “We are bringing a new technology on site that we previously sourced from out of state and overseas. We firmly believe that the value of automated USA manufacturing will continue to increase over the coming years. Considering the partnership with the state of Michigan, combined with the incredibly hardworking employees of our West Michigan community, we are left with no doubt that Newaygo is the right choice for G-M Wood Products to continue to grow.”
GMWP offers training opportunities to upskill its employees and provides opportunities for growth from within. The company plans to work with Michigan Works! to secure local talent. The project will bring immediate advanced manufacturing jobs to the area and position the company for future growth and investment in Michigan.
The NCEDP worked closely with the MEDC to ensure the company continued its growth in the region rather than its current operations in Georgia. They assisted by coordinating state and local resources, including helping obtain a 50-percent property tax abatement from the city of Newaygo in support of the project.
“We are thrilled to work with the team at G-M Wood Products, providing the resources they need to expand their operations in Michigan,” said Julie Burrell, Senior Economic Development Director of NCEDP and project lead. “They continue to be a great community partner and are a key driver of the continued growth in Newaygo County.”
“G-M Wood Products has been a great asset to the community,” said Newaygo City Manager Jon Schneider. “We are excited to support them in their continued efforts to expand their business.”
Learn more about the company here: https://gmcompanies.com/
About The Right Place, Inc.
The Right Place, Inc., is a regional nonprofit founded in 1985 with the mission to drive sustainable economic growth and shared prosperity for all in the Greater Grand Rapids Region. The Right Place works to achieve this mission by focusing on three core areas: People, Place, and Prosperity. The Right Place is an Accredited Economic Development Organization (AEDO) as designated by The International Economic Development Council. Find out more by visiting www.rightplace.org.
For more information, contact:
Craig Clark
Clark Communications
(616) 550-2736
craig@clarkcommunication.com
www.clarkcommunication.com
